An employee earns $9,450 for the current period. The cumulative earnings of previous pay periods is $110,000. Social security tax applies to the first $117,000 of employee earnings. Calculate the total and individual amounts to be withheld for social security (6.2%), Medicare (1.45%) and federal income tax (15%).

Answer rating: 100% (QA)

Answer Answer Given data employee earns 9450 social security 62 Medicare 145 federa... View the full answer